Just in: Nigeria’s inflation rate rises to 27.3%

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Consumer Price Index (CPI), which measures the rate of change in prices of goods and services, rose to 27.33 per cent in October 2023.

The National Bureau of Statistics (NBS) disclosed this in its CPI report for September.

The report was released on Tuesday.

The latest figure marks the tenth consecutive rise in the country’s inflation rate this year.

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